Following intense discussions between Russian President Vladimir Putin and Prime Minister Narendra Modi in New Delhi, each leaders addressed the media, highlighting main outcomes of the two-day go to. Listed below are the important thing takeaways from Putin’s statements:
Protection Partnership Reaffirmed
“Our nation, for the final half a century, has been serving to to arm and modernize the Indian Military, together with the Air Defence Forces, aviation, and the Navy,” Putin acknowledged, expressing satisfaction with the negotiation outcomes.
He expressed confidence that agreements reached in the course of the go to will “additional deepen the Russian-Indian strategic partnership for the good thing about our nations and peoples.”
BRICS Management Assist
Putin emphasised Russia’s dedication to supporting India’s upcoming BRICS chairmanship in 2025. “As state founders of BRICS, Russia and India have executed loads and proceed to do extra to extend the authority of the group,” he mentioned, promising “all crucial help to our Indian mates.”
Impartial International Coverage
Russian President Putin highlighted that each nations conduct “unbiased and self-sufficient international coverage with like-minded nations in BRICS, SCO and different nations of the worldwide majority,” defending ideas enshrined in UN regulation.
Infrastructure Connectivity
Putin introduced progress on the North-South Transport Hall, stating, “We’re working with our Indian companions to construct new worldwide transport routes, together with the undertaking from Russia or Belarus to the Indian Ocean coast.”
Nuclear Power Enlargement
Addressing the Kudankulam nuclear undertaking, Putin mentioned: “We’re engaged on constructing the biggest Indian nuclear plant. Three out of six reactors have already been linked to the power community.”
Commerce Goal: USD 100 Billion
Putin revealed spectacular commerce figures: “Final 12 months, our bilateral commerce turnover grew by 12%, reaching round $64 billion. We’re forecasting this 12 months’s outcomes will stay on the similar spectacular degree.”
Putin added ambitiously, “We’re as much as the duty of getting this quantity to $100 billion.”
The Russian chief famous {that a} free commerce zone between India and the Eurasian Financial Union would assist obtain this goal, with work already underway on the settlement.
Nationwide Forex Funds
In a major transfer away from greenback dependence, Putin introduced, “Our nations are progressively transferring in direction of the usage of nationwide currencies for fee settlements. The share is 96 p.c already in industrial funds.”
Power Safety Assure
Addressing India’s power wants, Putin pledged, “We’re able to proceed uninterrupted shipments of gasoline for the rising Indian economic system.”
PM Modi’s Acknowledgment
Prime Minister Narendra Modi reciprocated the heat, saying, “Fifteen years in the past, in 2010, our partnership was granted the standing of a Particular Privileged Strategic Partnership. For the previous two and a half a long time, he (President Putin) has nurtured this relationship together with his management and imaginative and prescient.”
Prime Minister Modi additionally expressed “heartfelt gratitude to President Putin, my pal, for this deep friendship and unwavering dedication to India.”
Putin’s Gratitude
The Russian President concluded by thanking President Droupadi Murmu, PM Modi, and Indian colleagues “for the nice and cozy and hospitable welcome accorded to the Russian delegation,” particularly mentioning “the dinner at PM Modi’s residence yesterday.”
The go to marks Putin’s first journey to India because the Ukraine battle started, signaling the enduring power of the Russia-India strategic partnership regardless of Western strain on New Delhi to distance itself from Moscow.